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Asking prices on newly-listed homes fell 1.7 per cent this month, according to Rightmove, the largest November fall recorded by the property website since 2018.
Rightmove predicts that the average asking price of a newly-listed home will be 1 per cent lower by the end of 2024, as the market continues its transition to more 'normal' levels of activity following the frenetic post-pandemic period.